Tag: las vegas
First In-Casino Bitcoin ATM Launches in Las Vegas
Tourists visiting Las Vegas can now get their cryptocurrency in Las Vegas at a Bitcoin ATM located at The D Casino. The site has partnered with Robocoin, a fellow Las Vegas-based company, to place a bitcoin ATM inside its casino. The machine allows users to both buy and sell the currency. Derek Stevens, CEO of the D Las Vegas Casino Hotel, said in a statement: “We’re proud to be the first casino property to accept bitcoin and we’re excited to offer our customers the convenience of a bitcoin ATM.” The D Casino Hotel is located downtown on Fremont Street, distanced from the…
Cosmopolitan Casino in Las Vegas Purchased for $1.7 Billion
Deutsche Bank AG is cutting itself free of The Cosmopolitan Casino of Las Vegas, a resort and casino, saying it’s selling the swanky but unprofitable high-rise complex on the Strip to Blackstone Real Estate Partners VII for $1.73 billion. The German investment bank said in a statement Thursday that the cash deal remains subject to regulatory approvals. The bank had intended to sell the property from before it even opened in 2010 and had placed The Cosmopolitan in a separate bank division devoted to winding down or selling unwanted investments. The last major Las Vegas resort approved before the Great…
Russia’s Vitaly Lunkin Says He Has “Had Enough of Las Vegas”
Poker News – If it would not have been for his victory at the €10,000 Turbo Six-Max event during PokerStars European Poker Tour Grand Final in Monte Carlo, Russia’s Vitaly Lunkin’s last trip to Europe’s sunniest shores would have been a disaster. “I spent about €65,000 in buy-ins and I was in the money only three times,” Lunkin told PokerNews. “Had I not won the €10,000 turbo event, my tour would have ended with a loss.” During the month in which he spent time around Italy and France, things did not go too well for Lunkin. Russia’s third all-time biggest…
Man Who Beheaded Bird at the Flamingo Sentenced
A University of California, Berkeley law school graduate was sentenced to probation on Monday for beheading an exotic bird at the Flamingo is Las Vegas back in 2012. Justin Teixeira received the four years of probation after completing a prison boot camp program that consisted of 190 days of counseling, educational and physical training programs, the Las Vegas Review-Journal reported. His sentence also includes 16 hours a month of unpaid work at an animal shelter. Teixeira pleaded guilty to the felony last year for decapitating a 14-year-old helmeted guinea fowl at the Flamingo’s Wildlife Habitat. Thanks to his deal, the…
Why China loves Las Vegas
Las Vegas Sun – They’re buying into Las Vegas like never before. They’re pumping cash into major resort projects and big stage productions on the Strip and they’re purchasing single-family homes in quiet neighborhoods. Who are they? Chinese investors. And they’re propelling Las Vegas’ recovery from the recession. They are quietly helping to bankroll the $415-million SLS Las Vegas, a nightclub-themed resort set to replace the Rat Pack stomping grounds of the Sahara and shake up the struggling north end of the Strip. A quarter of the investment came from foreign bank accounts, mostly in China. Money from China is…
Genting details new Las Vegas resort plans
iGaming Business – Malaysian conglomerate Genting Group has unveiled plans for a multi-phased opening of its new Resorts World Las Vegas facility in the US state of Nevada. Genting, which presented the plans to the Nevada Gaming Control Board last week, said the new resort would create “tens of thousands” of jobs and generate “hundreds of millions of dollars” in tax revenue for Southern Nevada. The site will feature 3,500 gaming positions, 3,000 rooms and a number of food and beverage outlets. Construction work on the new resort, which will be located on the site of the old Stardust resort…

















